MANILA, Philippines (AP) — Asian shares were mostly higher Friday after the White House confirmed plans for President Donald Trump to meet with Chinese leader Xi Jinping next week.
The confirmation reduced some of the uncertainty surrounding trade tensions between the two biggest economies, though prospects for a significant trade deal remain unclear.
Chinese benchmarks also gained after the ruling Communist Party wrapped up an important planning meeting without any major policy changes.
Hong Kong’s Hang Seng index gained 0.6% to 26,122.10, while the Shanghai Composite index added 0.4% to 3,938.98.
Japan’s Nikkei 225 rebounded Friday from the previous day’s losses, adding nearly 1.5% to 49,380.25. Tech shares were among gainers as sentiment was boosted by the White House confirmation o

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